The Automotive Industry in Thailand has been a significant contributor to the country's GDP and employment rate. In 2022, the industry's value was estimated to be 1.4 trillion baht, a 3.5% increase from the previous year. In this article, we will discuss the key statistics, factors contributing to its growth and success, industry growth and comparison to previous years, key trends, challenges, and future outlook.
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COBRA INTERNATIONAL
109
+66 38 454 210 info@cobrainter.com
A one-stop shop for the serial production of strong, light, and beautiful composite products. A leading manufacturer of strong, light, and beautiful composite products for the Automotive, Watersports, Marine, Architectural and Luxury sectors. With over 40 years of innovation and development, COBRA prides itself on setting the reference point for quality in every market it supplies, and as a result is widely recognized as the worlds leading watersports OEM, manufacturing windsurf, surf and stand up paddle boards for leading brands including Starboard, Fanatic, JP Australia, Hobie, Surftech and NSP. From its state-of-the-art production plant in Chonburi, Thailand, one of the largest in Asia, COBRA has built an unparalleled expertise in composite manufacturing, and a conceptual one stop shop ‘design to final part delivery’ approach that optimizes series production solutions for customers around the world including the most respected premium European Automotive brands. Dedicated to…
ORBIT FASTENER CO., LTD.
14
+66 2 211 0053 contact@orbit-clips.com
ORBIT has been a well-known brand of hose clips in world markets for more than 50 years. It was originally established in the UK in the 1960s and since then has been well known for its reliability and high quality. However, ORBIT had been moved to Bangkok, Thailand in 1985 due to the UK economic down turn during that time. So, ORBIT hose clips now 100% own by Thai, and are manufactured in Thailand. Today, “ORBIT” becomes a common name for hose clips, and ORBIT hose clips are widely exported to many countries on various continents and are accepted as a competitive, high quality product. Our main markets are ranging from Middle East, Africa, Europe, South America, Southeast Asia and including Japan and Russia. ORBIT hose clips are accepted and distributed to various industries including hardware, tooling, agricultural, automotive, and marine. Even though ORBIT is a well-established brand for more than 50 years, we still aim to strengthen our brand and to establish ourselves as one of t…
COBRA ADVANCED COMPOSITES
32
+66 38 454 964 info@cobra-advanced-composites.com
Building upon almost 40 years of composite experience, COBRA has successfully expanded its core value of Strong, Light, and Beautiful into the Automotive market. In 2006, COBRA, via its subsidiary Cobra Advanced Composites (CAC), received the first order from a premium German automotive brand. Today, we supply to many premium OEMs in Germany, Italy, Japan, and the United Kingdom. With the strong presence in the composites industry together with versatility and experience in product design, development as well as consistent high level manufacturing quality, CAC is considered a crucial partner to the worlds leading brands. Exploiting these most advanced composites production technologies has enabled CAC to successfully penetrate into the Automotive industry. The goal is to be the first partner of choice when it comes to design, development, and manufacturing of serial premium carbon fiber parts for the Automotive industry. At CAC, we combine sophisticated technologies with the famous c…
UNION MICRONCLEAN CO., LTD.
9
+66 2 710 7786 info@unionmicronclean.com
Union Micronclean is a joint venture company manufacturing top quality cleanroom garment in Thailand. We combine the strength of our shareholders: Saha Union PLC as manufacturer of a variety of top quality products for leading brands in the world, Alsico as Europe’s leading manufacturer of cleanroom garments and Micronclean as world market leader in cleanroom decontamination services. Listening to the cleanroom garment end-users and understanding their needs enables us to respond quickly to our customers demand for particle barrier, ESD, durability, comfort and cost demands. Union Micronclean is making the highest quality cleanroom garment in the world. Leading Japanese and American micro-electronics, HDD, automotive, and pharmaceutical companies are our customers today. Our products are especially designed to processes essential properties such as: filtration, air permeability, anti-electrostatic, quality and strength. We are proud that our product is durable and is able to withstan…
DOMNERN SOMGIAT & BOONMA (DS&B)
28
+66 2 639 1956 mail@dsb.co.th
Founded in 1947, we are a leading intellectual property law firm in Thailand who strongly believe in human intelligence. As an institution thriving over generations, we have built up exceptional expertise in order to maintain long lasting relationship as a trusted partner of our clients who come from many industries, including the pharmaceutical, food and beverages, IT, banking, automotive, construction, and real estate sectors. We consider ourselves an integral part of your team, supporting you through the inevitable ups and downs of entrepreneurship and growth. Our purpose is not just to obtain a registration certificate but to secure true protection which can strongly stand a challenge and be effectively enforced against sophisticated infringement. Seeing an IP as interdisciplinary, we gather unique combination of diverse expertise consisting of litigators, legal consultants, trademark attorneys, patent attorneys, and specialized technicians across all scientific fields collaborat…
ZERVI
7
+66 34 440 621 info@zervi.com
Zervi is a dynamic group of companies that specializes in automotive interior products, with a particular focus on functional interior protection for OEM and aftermarket industry. With over 35 years of textile engineering and automotive experience, Zervi has developed its high-performance technical textiles - Sakitex , as well as closed-cell and multi-cell composites - Sakimotto to serve as genuine accessories for leading world automotive brands. In addition to its automotive expertise, Zervi has extended its reach into various other markets, including camping and outdoor products, watersports products, and sports medicine products. With its wide range of products and services, Zervi is a leading player in the automotive and related industries, and is committed to delivering high-quality, innovative solutions to its customers while also addressing the challenges of the future.
THEPTEX (THAILAND) CO. LTD.
9
+66 90 198 5027 info@theptex.com
Theptex is a manufacturer of sustainable natural latex foams for the bedding, shoe, automotive, motorcycle, sport, lifestyle and packaging industry. With 15 years of extensive know how in the manufacturing of natural latex cores we specialise in tailoring completely to the needs of the customer. Theptex serves customers in Thailand, China, Korea, Singapore, Malaysia, Taiwan, Laos, Vietnam, Australia, USA and Europe.
KINZI (THAILAND) CO., LTD.
26
+66 32 389 601 info@kinzi.com
Since 1971 we have been supplying stainless steel hardware to an increasing number of key industries globally, including: Lifting , Marine, Industrial, Automotive, Aquaculture, Height Safety, Wire Rope & Chain, Tensile Architecture, Glass & Cable Railings, Shade Sails & Membrane Structures. For each industry we offer a core range of products as well as manufacturing proprietary OEM items on your behalf. Our vision is to create value for our customers via innovation and lean manufacturing, striving to help you become a leader in your respective industry and market. We do this by continually developing new products and manufacturing capabilities, to meet our customers requirements on quality, delivery and price.
FACTORY MAX
39
+66 2 333 8888 sales@factorymax.co.th
บริษัท แฟ็คทอรี่ แม๊กซ์ จำกัด มีด้วยความมุ่งมั่นที่จะเป็นตัวแทนในการจัดหาอุปกรณ์เครื่องมือเครื่องใช้สำหรับงานอุตสาหกรรมแม่พิมพ์, อุตสาหกรรมยานยนต์ และอุตสาหกรรมที่เกี่ยวข้องกับโลหะ เป็นต้น โดยมีแนวความคิดที่มุ่งสนับสนุนให้เกิดผลประโยชน์สูงสุดแก่ลูกค้า โดยการจัดหาผลิตภัณฑ์ที่เปี่ยมไปด้วยคุณภาพ ทั้งยังหาโอกาสนำเสนอเทคโนโลยีที่เหมาะสมกับการใช้งานของลูกค้าแต่ละราย มีการจัดอบรมทางด้านเทคนิคเฉพาะด้าน และการหาทางออกสู่ผลผลิตที่สูงขึ้น และบริษัทยังคาดหวังที่จะเป็น หุ้นส่วน ที่พร้อมจะให้ความร่วมมือแก่ลูกค้าเสมอ Factory max was established in 1996. We have more than 20 years of experience being distributor supplying tools and equipment for industrial factories; Mold & Die industry, Automotive industry, and other metalworking industries. Our concept is to contribute the most benefits to customers.
MARKET SUPPORT LTD.
22
+66 2 255 8578 msp@marketsupport.co.th
Founded in 1995, Market Support is a well-established local Thailand based independent market research firm that provides local understanding and expertise at an international standard. Our mission is to provide the best consumer understanding and help clients to cleverly use consumer insights to build strong brands and innovate successfully. A full service research agency, we have extensive experience and expertise in qualitative research, quantitative research, desk research, workshops and consulting. We cover a wide array of market sectors including retail, HORECA, automotive, telecommunications, consumer banking, insurance, healthcare, travel & tourism, agriculture and services, with a focus on consumer packaged goods. Our practices conform to the standards of ESOMAR (the European Society of Market Research).
KYOWA CASTING (THAILAND) CO.,LTD.
9
+66 33 659 132 fb@kyowa-casting.com
------------- JOB OFFER in Thailand --------------- www.kyowa-casting.com -------------------------------------------------------------- KYOWA CASTING (THAILAND) is aluminum die cast manufacturer in Thailand. We manufacture Automotive parts and Agricultural machinery parts. We are owned subsidiary by KYOWA CASTING Co.,Ltd., 1943 established in Japan. ISO9001, ISO/TS16949, ISO14001, OHSAS18001 certified.
MICROMATICS CO.LTD.
2
+66 81 623 4197 enquiry@micromatics.co.th
Micromatics is a diversified manufacturing company providing integrated product manufacturing solutions across the Aerospace and allied industries. By leveraging its manufacturing expertise, Micromatics reliably delivers to its global customer base.
AFFINITY SOLUTION CO.,LTD
26
+66 2 026 1456 info@affinity.co.th
• The company was established in 2004 with the vision to be the leader in business intelligence and Health IT solution through the development of contact center outsourcing, Patient Adherence Program, CRM and data intelligence solution • We are team of expert in Business Intelligence System, Healthcare Marketing Solution, Database Management, Contact Center and CRM solution • Our team’s experiences comprise large scale database management, contact center in government, healthcare, bank & insurance and automotive industry Services - Contact Center Outsourcing - Patient Adherence Program - Health IT Solution - Marketing Research - Database Marketing - CRM Campaign
ELECTRIC VEHICLE ASSOCIATION OF THAILAND (EVAT)
10
+65 9000 0000 contact@evat.or.th
About EVAT During the beginning of 2015, The Thai government had shown an attention on the electric vehicle (EV) technology and start to launch a policy to promote EV in Thailand. This support motivated an academic and private sector in Thailand to discuss and establish the Electric Vehicle Association of Thailand (EVAT) on September 14, 2015 at Knowledge Exchange (KX), KMUTT in which the EVAT had been officially registered on November 6, 2015.
TOYOTA TSUSHO (THAILAND) COMPANY LIMITED
295
chamaiporn@tttc.co.th
A supply chain service with Toyota Business Group in domestics and overseas. Our business transactions are Imports, Exports, Brokerage, Services, Trading and Retailing in Thailand and Worldwide.
NAGASE THAILAND CO., LTD.
71
+66 2 825 7000 info-specialty@nagase.co.th
Nagase Thailand Is the Middle East and south East Asia leader in innovative products And solutions through our expertise in chemicals, plastics, electronics, automotive and Life & Healthcare.
FDI RECRUITMENT (THAILAND) CO.,LTD.
18
+66 2 626 5907 infojob@fdirecruit.co.th
About us FDI established in Thailand and has supported Japanese companies which invested in Thailand 20 years. Group as a whole, we provide one-stop-service, from setting up a company to accounting service, HR solution, service office, IT solution and Recruitment service. FDI Recruitment launched its service in 2011. We have accomplished Thai Candidates career enrichment since then. Now, it is time to enlarge our service to Japanese and others as well. What we do for job seekers: - clear your career objectives - share our professional strategies to emphasis your strengths towards successful hiring process - offer sufficient jobs - provide information related to job hunting and enhancement of your career
DDX
41
+66 2 123 8559 contact@ddxtransformation.com
DDXs is heavily focused on smart cities, transforming the businesses within them, and developing new innovative digital products – covering everything from educational technology to digital ‘twins’ of properties. Our vision is to become the leading Smart City engineering and project management consultancy in APAC. We help Governments, Property Developers / Owners (retail, commercial, hospitality), and Facilities Management Operators with ambitious missions to solve their toughest problems. We partner with these organisations to design, create and deliver cutting-edge smart city solutions. We consult with these organisations to help them unlock the potential of technology for their property portfolio and businesses to promote people centricity, green sustainability, and smart city living.
BLUMENTHAL RICHTER & SUMET - ATTORNEYS AND LEGAL COUNSELORS
41
+66 2 022 1000 careers@brslawyers.com
Blumenthal Richter & Sumet, Attorneys & Legal Counselors Blumenthal Richter & Sumet assists clients to make confident business decisions. As one of the longest-established law firms in Thailand, we combine the experience, entrepreneurship and business acumen to understand our clients’ businesses and solve their increasingly complex challenges. As our clients are the cornerstone of our firm, we are constantly innovating and using leading technologies to provide a range of benefits to our clients, from having an elevated client experience and improved efficiencies, to developing more pragmatic business approaches and identifying new opportunities. Our licensed Thai, European and U.S. attorneys understand your business and take an entrepreneurial approach, while serving as a counterpart to your business who knows the law. Working as a team, we help you navigate not only your legal issues but the factors affecting your industry. Our experience in the automotive, chemicals, real estate, h…
INTEGRATIONWORKS ASIA CO., LTD.
14
+66 2 107 2559 info@integrationworks.co.th
integrationWorks Asia Co., Ltd was founded in Bangkok in May 2015. With our IIoT Platform OCTOBUS we are looking to become one of the leading Industry 4.0 Solution Providers and Cloud Integration Specialists in Thailand and ASEAN. With our deep background and understanding of system integration throughout the financial, automotive and industrial sectors, we are taking the next step into Southeast Asia.
Top Automotive Companies in Thailand
Key Statistics from 2022
According to the Thailand Board of Investment, the Automotive Industry in Thailand accounted for 9% of the country's GDP in 2022, employing over 800,000 people. The industry comprises automobile manufacturing, parts and components manufacturing, and service and repair. The automobile manufacturing industry is the largest sub-sector, accounting for approximately 70% of the industry's value.
Factors Contributing to Its Growth and Success
One of the key factors contributing to the growth and success of the Automotive Industry in Thailand is the government's initiatives to support the industry's development. The government has been implementing policies and programs to boost investment, innovation, and competitiveness in the industry. For example, the Thailand Board of Investment has been promoting investment in the industry by providing incentives such as tax exemptions, work permits, and land ownership rights to investors.
Additionally, the government has been investing in infrastructure development, including ports, highways, and airports, to facilitate the transportation of goods and services. The government has also been promoting the development of electric vehicles (EVs) and related infrastructure, as part of its efforts to reduce greenhouse gas emissions and promote sustainable transportation.
Industry Growth and Comparison to Previous Years
The Automotive Industry in Thailand has been growing steadily over the years, with an average growth rate of 3.5% per year. In 2022, the industry's value increased by 3.5% from the previous year, which is in line with the average growth rate. The industry's growth rate has been affected by the COVID-19 pandemic, which has disrupted global supply chains and reduced consumer demand for automobiles.
Key Trends
The Automotive Industry in Thailand has been experiencing technological disruptions that are changing the industry's landscape. One of the key trends in the industry is the adoption of EVs and related technologies, such as batteries, charging stations, and smart grid systems. The government's promotion of EVs and related infrastructure has led to the entry of several foreign and domestic companies into the EV market.
Another trend in the industry is the growing demand for connected and autonomous vehicles. Consumers are becoming more interested in vehicles that are equipped with advanced features such as driver assistance systems, infotainment systems, and remote monitoring and control.
Challenges
The Automotive Industry in Thailand faces several challenges that could affect its growth and competitiveness. One of the challenges is the intense competition from other countries such as China, Japan, and South Korea, which have well-established automobile industries and more efficient production processes. Another challenge is the shortage of skilled labor in the industry, which limits its ability to innovate and develop new products.
Future Outlook
The future of the Automotive Industry in Thailand looks promising, despite the challenges it faces. The industry is expected to continue growing, driven by the government's support and investment in infrastructure, innovation, and technology. The industry's adoption of EVs and related technologies is expected to increase, as the government continues to promote sustainable transportation and reduce greenhouse gas emissions.
To remain competitive, the industry players need to focus on innovation and differentiation, through the use of advanced technologies and sustainable practices. They need to invest in research and development, and collaborate with other players in the industry to develop new products and technologies. The government should also continue to provide support to the industry, by investing in infrastructure, education, and research and development, and by promoting trade agreements and partnerships with other countries.
Moreover, the COVID-19 pandemic has also presented new challenges and opportunities for the Automotive Industry in Thailand. The pandemic has disrupted global supply chains and reduced consumer demand for automobiles. However, it has also accelerated the adoption of digital technologies and e-commerce platforms, which have enabled the industry to reach new customers and markets.
The pandemic has also highlighted the importance of sustainability and eco-friendliness in the industry. Consumers are becoming more conscious of the environmental impact of automobiles and are demanding products that are produced using sustainable and eco-friendly practices.
To address these challenges and capitalize on the opportunities, the industry players need to adapt to the new normal and invest in innovation and technology. They need to adopt new business models and strategies that leverage the potential of e-commerce platforms and digital technologies to reach new customers and markets. They also need to prioritize sustainability and eco-friendliness, by adopting eco-friendly materials and processes, reducing waste, and promoting fair labor practices.
Conclusion
In conclusion, the Automotive Industry in Thailand is a vital sector that contributes significantly to the country's economic and social development. The industry has been growing steadily, supported by the government's initiatives, investment in infrastructure, and adoption of new technologies. However, the industry faces several challenges, such as intense competition and shortage of skilled labor. The future outlook for the industry is positive, driven by the adoption of sustainable practices, digital technologies, and EVs. By addressing the challenges and capitalizing on the opportunities, the industry can continue to grow and contribute to the country's economic and social development.